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The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The company has not been able to beat consensus revenue estimates over the last four quarters. This compares to year-ago revenues of $9.18 million. LiveXLive Media, Inc.Which belongs to the Zacks Audio Video Production industry, posted revenues of $9.88 million for the quarter ended March 2020, missing the Zacks Consensus Estimate by 0.06%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.15, delivering a surprise of 11.76%. This quarterly report represents an earnings surprise of 6.25%.
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These figures are adjusted for non-recurring items. This compares to loss of $0.19 per share a year ago. (LIVX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16.
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